`CBI statement on black money made on SC report`

New Delhi: Government on Thursday said that CBI
chief A P Singh`s statement on black money stashed abroad was
based on the report of the Supreme Court-appointed committee
on black money.

"I have spoken to the CBI Director and he told me that he
made the statement on the basis of a report prepared by a
Supreme Court-appointed committee," Minister of State for
Personnel V Narayanasamy told reporters here.

He said the Supreme Court made a committee on black money
and it had submitted its report. "He (CBI chief) mentioned
this (figure) on the basis of this report," the Minister said.

The Minister`s comments came on a day when the Swiss
Embassy in a press release said such estimates and statistics
lack evidence and are uncorroborated.

In an unusual step, the Embassy issued a press release
saying, "it wishes to make a clarification in view of
unsubstantiated media reports that have been recently
published about Switzerland and Swiss Banks."

But, the release, which did not mention CBI Chief`s
statement, said that Switzerland is not a tax haven.